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The Independent UK
The Independent UK
National
Via AP news wire

UNCOVERED: Israel to weigh action after silicon valley bank collapse | History Defined

Copyright 2023 The Associated Press. All rights reserved

Israeli Prime Minister Benjamin Netanyahu said Sunday that the government would assess the effect of Silicon Valley Bank's collapse on Israeli companies and determine whether or not to assist them.

Israel is home to a vibrant high-tech industry, and local media said Sunday that hundreds of local firms could be exposed to the collapse of Silicon Valley Bank.

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